1-bed · 612 sqftRawda Apartments 1, Town Square · 10th floor · completed 2020

1017, Rawda Apartments 1

Sold prices and rental history: sold once, by the developer in May 2018, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1017 · DLD and Ejari recordsUpdated 19 September 2024
Last soldAED 679K28 May 2018
Current rentAED 60K /yr19 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1017, Rawda Apartments 1

What is 1017 worth today?

Last sold for AED 678,888 in 2018

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

19 Sep 2024RentedNew contract
AED 60,000/yr12 months · AED 98 per sqft
19 Sep 2022RentedNew contract
AED 52,000/yr12 months · AED 85 per sqft
23 Sep 2021RentedRenewal
AED 33,000/yr12 months · AED 54 per sqft
23 Sep 2020RentedNew contract
AED 32,000/yr12 months · AED 52 per sqft
28 May 2018Sold by developerOff-plan
AED 678,888AED 1,110 per sqft

Source: Dubai Land Department. Updated 19 September 2024.

Key facts

Type
1-bed apartment
Size
612 sqft
Floor
10th of 14
Parking
P-37
Developer
Nshama Properties
Completed
2020
Service charge
AED 9,900 /yr
Last sold
AED 679K · May 2018

About 1017, Rawda Apartments 1

1017 is a one-bedroom apartment of 612 sqft on the 10th floor of Rawda Apartments 1, a 14-storey tower in Town Square completed in 2020 by Nshama Properties. The developer sold it on 28 May 2018 for AED 678,888, or AED 1,110 per sqft, in line with the AED 1,116 one-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 4 Ejari contracts. The current contract, signed on 19 September 2024, is AED 60,000 a year: a gross yield of 8.8% on the 2018 price, before the service charge of about AED 9,900 a year.

Sales and rents for 1017 over time

Sales
Unit 1017, each saleTypical one-bed in Rawda Apartments 1
800K2017202020232026Typical sale price by year: 2017 AED 721,888; 2018 AED 686,888; 2019 AED 684,888; 2020 AED 799,388; 2021 AED 811,388; 2023 AED 650,000; 2024 AED 750,000; 2025 AED 820,000; 2026 AED 880,000Sold by developer, May 2018: AED 678,888 (AED 1,110 per sqft)

1017 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1017, each contractTypical one-bed in Rawda Apartments 1
40K60K2020202220242026Typical rent by year: 2020 AED 32,000; 2021 AED 34,000; 2022 AED 39,000; 2023 AED 42,000; 2024 AED 56,500; 2025 AED 63,000; 2026 AED 65,000New contract, September 2020: AED 32,000 a yearRenewal, September 2021: AED 33,000 a yearNew contract, September 2022: AED 52,000 a yearNew contract, September 2024: AED 60,000 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Rawda Apartments 1, and where 1017 sits

All 70 1-beds →

1017 last sold in May 2018 at AED 1,110 per sqft, in line with what one-beds in Rawda Apartments 1 were fetching at the time (AED 1,116). Over the last 12 months one-beds sold for AED 870,000 to 900,000, around AED 1,433 per sqft, and rent for AED 45,356 to 80,000 a year. 1017's AED 60,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
7 Jul 2026880,000
27 Mar 2026870,000
12 Mar 2026895,000
15 Jan 2026880,000
5 1-bed sales in the last 12 months

Rawda Apartments 1

Building

248 apartments, 1-bed to 3-bed over 14 floors in Town Square, completed in 2020 by Nshama Properties. 19 sold in the last 12 months.

Typical price per sqft
AED 1,413 Up 4.2%
Typical sale
AED 1.23M
Typical rent
AED 85K /yr
Typical yield
6.6%
Rawda Apartments 1, Town Square: prices, sales and rents →

Other units on the 10th floor

All 248 units in Rawda Apartments 1
Value
10012-bedAED 987K · May 2018
10023-bedAED 2.15M · Aug 2025
10033-bedAED 1.63M · Nov 2021
10042-bedAED 1.28M · Feb 2025
10052-bedAED 1.15M · Dec 2017
10062-bedAED 1.28M · Feb 2020
10072-bedAED 1.28M · Feb 2020
1–7 of 17

1017, Rawda Apartments 1 in numbers

  • Sold once: by Nshama Properties on 28 May 2018 for AED 678,888, or AED 1,110 per sqft.
  • Rented since September 2020 on 4 Ejari contracts, from AED 32,000 to AED 60,000 a year.
  • At AED 60,000 a year the gross yield on the 2018 price is 8.8%, before a service charge of about AED 9,900 a year (AED 16.27 per sqft).
  • One-beds in Rawda Apartments 1 sold for AED 870,000–900,000 in the 12 months to November 2026; the building's median across all types is AED 1,413 per sqft.

Source: Dubai Land Department. Updated 19 September 2024.

Questions about 1017, Rawda Apartments 1

What did unit 1017 last sell for?

AED 678,888 on 28 May 2018, sold by the developer: AED 1,110 per sqft for 612 sqft. It is the only registered sale of the unit.

What is the rent for unit 1017?

AED 60,000 a year on the contract signed on 19 September 2024. The previous contract, from September 2022, was AED 52,000; the unit has been rented since September 2020.

How big is unit 1017?

612 sqft (56.9 sqm): a one-bedroom apartment on the 10th floor of a 14-storey tower completed in 2020.

What is unit 1017 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Rawda Apartments 1 sold for AED 870,000 to 900,000 in the last 12 months, around AED 1,433 per sqft.

Selling 1017? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 1017, Rawda Apartments 1

Starts from the last sale price (AED 679K, 28 May 2018). Switch to today's estimate once you have unlocked it.
Price
AED 678,888
Deposit, UAE resident (20%)
AED 135,778
Deposit, non-resident (40%)
AED 271,555
Monthly over 25 years at 3.7%
AED 2,778

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →